Wal-Mart Treasurer flips over to Wendy’s
Wendy’s International, Inc. (NYSE: WEN) has announced that it has named Jay Fitzsimmons as Executive Vice President and Chief Financial Officer.
Fitzsimmons comes to Wendy’s after serving for more than 12 years as senior vice president and treasurer at Wal-Mart Stores, Inc., where he had responsibility for treasury, planning, financial analysis, investor relations, financial operations and corporate mergers and acquisitions. Wal-Mart grew revenues from $64 billion to more than $350 billion during his tenure at the company.
At Wendy’s, Fitzsimmons will oversee the functions of Accounting, Finance, Internal Audit, Tax, Treasury and Information Technology, and will serve as a member of the strategic planning committee. He will report to Chief Executive Officer and President Kerrii Anderson. Fitzsimmons